Friends Stocks were incredibly calm today, despite this afternoon’s political intrigue as General Kelly evidently didn’t want anything to do with the “Mooch”. Yes, despite the dismissal of the pending communications director the markets finished the month on a positive note. The losers for the day were the momentum...
Archive for month: July, 2017
Mixed Earnings/Mixed Results
Friends Earnings season stubbed its toe just a little bit today, as releases from Amazon, ExxonMobil and Starbucks all disappointed market participants. Stocks in general traded with a negative bias for most of the session, but as has been the case lately, not with much conviction. Despite political theater...
Stocks A Bit Jumpy Amongst Earnings Onslaught
Friends Earnings were good. Economic data was good. Stocks rallied on the open. Then all of a sudden, mid-day, market participants decided to take some profits on the momentum darlings; and stocks, led by Nasdaq, dipped into negative territory. The Dow was able to hold onto gains, again led...
Boeing Boosts The Dow
Friends It was another busy day of earnings releases and old stalwarts ATT and Coca-Cola pleasantly surprised, but the big winner of the day was Boeing, up nearly 10% for the day and single handedly accounted for the entire gain in the Dow. Other than Boeing, stocks were extremely...
Stocks Enjoy Earnings Momentum
Friends Despite all the political theater (and it never seems to end), today’s market action was a positive response to more good earnings releases. We did have a few disappointments, namely Google, United Technologies and MMM (and their shares were punished by market participants), but for every disappointment we...
Stocks Quiet Into Big Earnings Week
Friends We have a big week of earnings with 180 of the S&P 500 companies reporting this week. Google, one of the big 5 momentum stocks reports after the bell today, and Facebook and Amazon later this week. In addition to all the earnings releases, we have a two...
Mixed Earnings Day
Friends It was a tale of two industrial giants as Honeywell and GE faced off this morning with earnings releases. Honeywell was the clear winner and has been for quite some time now. GE on the other hand has struggled mightily over the past several years. Perhaps if outgoing...
Cool Treat On A Hot Day At Panther Creek Inspiration Ranch
July “Summer Sibling Camps” are the highlight of Panther Creek Inspiration Ranch’s summer programs. Time at horse camp allows the parents of their special needs child a much needed break and some valuable time for themselves. Horseback riding, crafts, horse-care, and snacks including the Kona Ice Truck our Cares...
Natural Response To Earnings Today
Friends Stocks were quiet today except for Home Depot , Lowes, Best Buy and Whirlpool which were under siege after Amazon (yes, them again) announced a deal with Sears to sell Kenmore appliances online. Other than that, there was little direction and muted volatility. By the close, the Dow...
Stocks Forge Ahead
Friends The earnings parade continues and stocks reacted positively today. Morgan Stanley led the way with good numbers, but we did have one stinker as IBM held the Dow back with a less than stellar report. Despite Big Blue’s drag on the Dow, stocks still forged ahead to new...
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